Chicago Neighborhoods > Lincoln Square Housing Market

Until the tax credit expired, 2010 in Lincoln Square had been a lot better than the previous year. Looking at 2 -3 bedroom condos, 2010 home inventories in Lincoln Square had been running much higher than 2009 levels, with a couple of months spiking to a 30 - 40 month supply. However, beware of drawing too many conclusions from the occasional absurd levels often reached during the November/ December time periods. Sales rates are so low in Lincoln Square during those months that the numbers are basically meaningless. Now in October the months of supply of condos is much lower than last year, with quite a bit fewer condos on the market.

Market times in Lincoln Square fluctuate around 120 days, with a fairly typical seasonal pattern.